Investing.com – China equities were higher at the close on Monday, as gains in the Electricity, Utilities and Software & Computer Services sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 4.72%, while the SZSE Component index added 5.08%.
The biggest gainers of the session on the Shanghai Composite were Yingkou Port (SS:600317), which rose 10.08% or 0.650 points to trade at 7.100 at the close. Ningbo Fuda (SS:600724) added 10.06% or 0.870 points to end at 9.520 and Haohua Energy (SS:601101) was up 10.05% or 1.080 points to 11.830 in late trade.
Biggest losers included Sanxia Materia (SS:600293), which lost 5.66% or 1.160 points to trade at 19.330 in late trade. Guotong (SS:600444) declined 4.73% or 1.330 points to end at 26.810 and Ningbo Orient Wires and Cables (SS:603606) shed 4.45% or 1.52 points to 32.60.
The top performers on the SZSE Component were Shanxi Xishan Coal and Electricity Power Co Ltd (SZ:000983) which rose 10.01% to 9.89, AVIC Aircraft Co Ltd (SZ:000768) which was up 10.00% to settle at 44.09 and Goertek Inc (SZ:002241) which gained 8.87% to close at 44.31.
The worst performers were Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which was unchanged 0% to 44.55 in late trade, Suzhou Gold Mantis Construction Decoration Co Ltd (SZ:002081) which unchanged 0% to settle at 32.53 and BYD Co Ltd (SZ:002594) which was unchanged 0% to 76.00 at the close.
Advancing stocks outnumbered falling ones by 912 to 37 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 3.78% to 30.58.
In commodities trading, Gold for August delivery was down 0.24% or 2.80 to $1187.00 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.22% or 0.73 to hit $59.56 a barrel, while the July Brent oil contract fell 1.20% or 0.79 to trade at $64.77 a barrel.
USD/CNY was down 0.01% to 6.1976, while EUR/CNY fell 0.75% to 6.7631.
The US Dollar Index was up 0.50% at 97.42.